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Jul 28, 2011
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today by a group of house freshmen with their announcing their support even though their plan is not as big as they wanted it to be, but a short time ago senate majority leader harry reid warned that the bill will be rejected in short order. >> as soon as the house completes the vote tonight or this afternoon, the senate will move to take up that message that they sent to us. it will be defeated. they know that. >> so, no word as of yet from the president today on the standoff. earlier today, press secretary jay carney said that any bill would have to absolutely extend the debt ceiling until 2013, and nbc's kristen welker joins me from the white house. also in the press briefing, jay carney said that the bill being worked on right now is d.o.a. when it reaches the senate. >> yes, that is right. hello, thomas. good afternoon to you. he said it is d.o.a. and 58 senators have said they will come out to vote against it and he reiterated the call that the white house is not going to get behind anything that is not a long-term increase of the debt ceiling. but you know, people have been pushing t
today by a group of house freshmen with their announcing their support even though their plan is not as big as they wanted it to be, but a short time ago senate majority leader harry reid warned that the bill will be rejected in short order. >> as soon as the house completes the vote tonight or this afternoon, the senate will move to take up that message that they sent to us. it will be defeated. they know that. >> so, no word as of yet from the president today on the standoff....
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Jul 29, 2011
07/11
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it is not a big deal. business community is united and wall street is united and economists on the left and the right are reunite and ron paul has written an op-ed saying he expects it to lead to i here interest rates. and two impacts if we default, and one is market confidence which could raise rates by itself and the second is to pay bills and we borrow so much right now it is possible to pay the bills without money for very long. >> and last but not least, if the this debate is about getting americans back to work. >> that is right. both parties love to talk about jobs. they still do it all of the time, because they know that is what americans want to hear, and the problem is that this debate is not about jobs, especially in the short-term. in the short-term, all of the plans scored so far are going to reduce slightly gdp which reduces generally employment, and there is a long-range benefit of solving the fiscal plan, but nothing short-term. the idea has been floated of the short-term tax stimulus in th
it is not a big deal. business community is united and wall street is united and economists on the left and the right are reunite and ron paul has written an op-ed saying he expects it to lead to i here interest rates. and two impacts if we default, and one is market confidence which could raise rates by itself and the second is to pay bills and we borrow so much right now it is possible to pay the bills without money for very long. >> and last but not least, if the this debate is about...
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Jul 6, 2011
07/11
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how are we going to -- to create, you know, the next big thing but make sure production is here, so it's great that we have an apple that's creating ipods, ipads and designing them and creating the software, but it would be nice if we're also making the ipad and ipods here in the united states because that's more jobs that people can work at, and they are going to be a series of decisions that we're going to make. number one, are we investing in research and development in order to emphasize technology? and a lot of that has to come from government. that's how the internet got formed. that's how gps got formed. companies on their own can't always finance the basic research because they can't be assured that they will get a return on it. number two, we've got drastically improved how we train our work force and our kids around math and science and technology. number three, we've got to have a top-notch infrastructure to support advanced manufacturing, and we've got to look at sectors where we know this is going to be the future, something like clean energy, for example. for us not to be t
how are we going to -- to create, you know, the next big thing but make sure production is here, so it's great that we have an apple that's creating ipods, ipads and designing them and creating the software, but it would be nice if we're also making the ipad and ipods here in the united states because that's more jobs that people can work at, and they are going to be a series of decisions that we're going to make. number one, are we investing in research and development in order to emphasize...
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Jul 7, 2011
07/11
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now, the president has been pushing a big deal. so what is a big deal? white house officials tell me anything over $2 trillion, but he is pushing for more in the area of cuts that would equal $4 trillion over the next 10 to 12 years. now, this all comes against the backdrop of a report today in the "washington post" saying thatm president obama is putting social security on the table along with medicare and medicaid and when we asked the white house about this, they said, look, this is not news. the president has always supported the idea of small cuts in those entitlement programs to make them more effective as long as the cuts didn't impact beneficiaries and having said that some folks on the hill say there are some scenarios which would see a major overhaul of the entitlement programs, but the white house says they would not want to see anything to overhaul the main programs. but one of the sticking points here, thomas, is taxes. democrats want to see a rollback in tax credits for the wealthy americans and in big corporations, and the republicans have
now, the president has been pushing a big deal. so what is a big deal? white house officials tell me anything over $2 trillion, but he is pushing for more in the area of cuts that would equal $4 trillion over the next 10 to 12 years. now, this all comes against the backdrop of a report today in the "washington post" saying thatm president obama is putting social security on the table along with medicare and medicaid and when we asked the white house about this, they said, look, this...
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Jul 14, 2011
07/11
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that is something that has to be determined here. >> that is a big point to make. so many times we do these stories, and it is someone that the families venture or others have introduced into their lives. all right. clint, thank you, and we appreciate your joining us on the latest in that case. >>> and coming up with the talk of america's debt and the state of the economy, some are looking toward the recovery and asking, where is the next big boom city? well, forbes is out with the list of cities that are expected to grow and prosper the most over the next decade. we have that list. i think that some of it may surprise you. >>> a major hailstorm damaged dozens of planes in denver halting travel plans for about 1,000 passengers, and when will they get back on track there? we have the latest. here's what i'm not... a pushover. right now, some in washington want to make a deal cutting the social security and medicare benefits we worked for. with billions in waste and loopholes, how could they look at us? maybe we seem like an easy target... until you realize... there
that is something that has to be determined here. >> that is a big point to make. so many times we do these stories, and it is someone that the families venture or others have introduced into their lives. all right. clint, thank you, and we appreciate your joining us on the latest in that case. >>> and coming up with the talk of america's debt and the state of the economy, some are looking toward the recovery and asking, where is the next big boom city? well, forbes is out with...